The new North-west. [volume] (Deer Lodge, Mont.) 1869-1897, 1887-08-05

| OF course this thing had to have an end.
| and it ia pretty well ended now. he trans
| fers have fallen down to almost nothing, the
! madding crowd has fed from the wide
streets of Wichta, ,and the town begins to drop
/ TO hard pan basis. The reckoning up will yet
have to come, and there will undoubtedly be
ma :, of tbs unproductive inflated property
| thrown upon the market. Not few mort
| cages will be foreclosel, and the chance for
legit' ate Investment with speculative pref
its will then be at hand Wichita will be a
much bigger town than she is now and there
win sooli be chance to buy property at fair
rates. AS the vice president Of the biggest
bank told me, the town will have to come
| down to somewhere near the range of inter-
| est bearing rates, and those who have bet SO
largely ON the future will have to lose The
cheap property now in Wichita and in Kan
sas City is the business property and the res
idence property in the old parts Of the town,
which is still sold aa residence property. All
outside of this with but few exceptions is
speculative and most of it very high. @
a6as .5h 4 a#a] ta4 sfss5a lSi
| In 1870 the mail OF Wichita was carried
in cigar box. Its postoffice business for,
1886 footed up $40 600; it has special deliv-
cry, and it takes twenty-fl clerks to attend
to its mail. The scene at the postoffice at
mail time islworth seeing. The two general
delivery holes for men are labeled, and there
is hole between these for the ladies'. These
are set in wall of boxes which runs around
big inclosure insideof room perhaps 100
feet square. Above these, as in Kansas CITY,
there is sign directing YOU to fall in line,
and at mail time long lines of men are
stretched out in single file waiting to get their
q, fto
acters, from the darkey and the broad
trimmed cowboy, with his pants in his boots,
to the New York dude or the red headed, eye
glassed man from Boston. As high as fifty
and a hundred often stand thus in file, and
the waiting is tiresome but good natured ~
From nothing iil1S70, in 1885 its population
was II, 6,490; in 1886 it was 90, ,l29, and in June
of the present year it was, by census, 81 100
The assessed values show jump of from
S3400O00 in round numbers in 1885 to S.
3a.5, ,0O0 i'm 1887 AS to building since june.
1885, 596 one story residence buildings and
622 two story residences have been completed.
and there are 73 one story and 412 two story
houses In process of construction. These one
story houses aggregate S594, 600, and the two
story over q. 500, 900, and the general average
size of the two story frames Is eight rooms
As to business buildings. nearly s2,0O0,OO0
worth have been completed within year or
are now in process Of construction, and five
new four story buildings, ten three story and
thirty two story business blocks are now
being built. I give these figures from the
board of trade to show exactly what is being
done. believe they are correct, There are
three banks here, two Of which have deposits
which often run up to 81 ,000,000. ~
The fitting of these banksas to plate glass,
elegant furniture and expensive fittings win
ealr-are fayorabav with any in the Unitei